Here is why a Presidential order on carbon tax is coming next.....so these crooks can take more money out of tax payers pockets. Some estimate as much as 10 Trillion dollars. “The Obama administration is currently pushing carbon emission policy. While leaning heavily on Congress, they have also instructed the Environmental Protection Agency to declare CO2 a dangerous threat to human health which will lead to regulation of carbon emissions.” Powerful forces behind the scenes appear to be orchestrating events to set up and profit from a carbon emissions trading system worth trillions of dollars. From the Washington Examiner: When he wasn’t busy helping create a $127 billion mess for taxpayers to clean up, former Fannie Mae Chief Executive Officer Franklin Raines, two of his top underlings and select individuals in the “green” movement were inventing a patented system to trade residential carbon credits. Patent No. 6904336 was approved by the U.S. Patent and Trade Office on Nov. 7, 2006 — the day after Democrats took control of Congress. Former Sen. John Sununu, R-N.H., criticized the award at the time, pointing out that it had “nothing to do with Fannie Mae’s charter, nothing to do with making mortgages more affordable.” It wasn’t about mortgages. It was about greenbacks. The patent, which Fannie Mae confirmed it still owns with Cantor Fitzgerald subsidiary CO2e, gives the mortgage giant a lock on the fledgling carbon trading market, thus also giving it a major financial stake in the success of cap-and-trade legislation. Besides Raines, the other “inventors” are: * Former Fannie Vice President and Deputy General Counsel G. Scott Lesmes, who provided legal advice on Fannie Mae’s debt and equity offerings; * Former Fannie Vice President Robert Sahadi, who now runs GreenSpace Investment Financial Services out of his 5,002-square-foot Clarksburg home; * 2008 Barack Obama fundraiser Kenneth Berlin, an environmental law partner at Skadden Arps; * Michelle Desiderio, director of the National Green Building Certification program, which trains “green” monitors; * Former Cantor Fitzgerald employee Elizabeth Arner Cavey, wife of Democratic donor Brian Cavey of the Stanton Park Group, which received $200,000 last year to lobby on climate change legislation; and * Jane Bartels, widow of former CO2e CEO Carlton Bartels. Three weeks before Carlton Bartels was killed in the Sept. 11 attacks, he filed for another patent on the software used in 2003 to set up the Chicago Climate Exchange. The patent, which covers both the “cap” and “trade” parts of Obama’s top domestic energy initiation, gives Fannie Mae proprietary control over an automated trading system that pools and sells credits for hard-to-quantify residential carbon reduction efforts (such as solar panels and high-efficiency appliances) to companies and utilities that don’t meet emission reduction targets. Depending on where the Environmental Protection Agency sets arbitrary CO2 standards that could be every company in America. The patent summary describes how carbon “and other pollutants yet to be determined” would be “combined into a single emissions pool” and traded — just as Fannie’s toxic portfolio of subprime mortgages were. “Fannie Mae earns no money on this patent,” communications director Amy Bonitatibus told the Washington Examiner. “We can’t conjecture as to the cap-and-trade legislation”” (#2)Barrack Obama, Board Member of the Joyce Foundation which funded the formation of the CCX. Obama’s top Advisor, Valerie Jarrett has remained on the board. Al Gore, GIM and Goldman Sachs: Al Gore’s Generation Investment Management (GIM) purchased a stake in CCX as the fifth largest shareholder. Other founders are David Blood (former Goldman executive), Mark Ferguson (Goldman) and Peter Harris (Goldman) to name a few. “ Franklin Raines, the busted Fannie Mae CEO acquired the Carbon trading patent with taxpayer dollars Goldman Sachs owns ten percent of the CCX and its 10 Trillion a year potential. (CCX is 10% owned by Goldman Sachs (GS) and 10% owned by Generation Investment Management (GIM).) Gore, Goldman, and Cap and Trade – a Tangled Web of Corruption” (#4) Obama was still a professor at the University of Chicago Law School teaching constitutional law during the funding for CCX. His law license became inactive a year later in 2002. The CCX is a den of cronyism. The largest shareholder in the Exchange is Goldman Sachs. Chicago Mayor Richard M. Daley is its honorary chairman. The Joyce Foundation, which funded the Exchange, also funded money for John Ayers’ Chicago School Initiatives. John is the brother of William Ayers. Even as global warming is being exposed as a hoax, Obama is pressing the increasingly controversial cap-and-trade tax through Congress. Obama was never the character he created for himself in the fairy-tale version in “Dreams of My Father”. He’s the agent of Change and Hope for cohorts making money down at the Chicago Climate Exchange.”
Posted on: Tue, 01 Jul 2014 14:47:48 +0000
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